tag:blogger.com,1999:blog-906417439919577604.post5678157809447856044..comments2011-07-31T06:37:29.379-07:00Comments on LittleWildrose: Undervaluing, Underselling, and Underestimating...LittleWildrosehttp://www.blogger.com/profile/10368139353350156442noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-906417439919577604.post-86346763712794944952011-05-31T22:47:48.236-07:002011-05-31T22:47:48.236-07:00Very well said. Another point: I am actually put o...Very well said. Another point: I am actually put off if the price is too low! We should set our prices higher right from the beginning - it&#39;s always alot easier to drop them than to put them up! Thanks for sharing!kirstyhttps://www.blogger.com/profile/02730968247333102905noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-62761414036057581762011-05-28T22:16:43.749-07:002011-05-28T22:16:43.749-07:00Thank you so much for taking the time to read this...Thank you so much for taking the time to read this exceptionally long blog post! lol.<br /><br />Georgie - I&#39;ve seen so many times where businesses who have their pricing set correctly often feel pressured to drop their prices to align with others who are underselling, it&#39;s a vicious cycle!<br /><br />Skye - If you have your pricing set to what you need to cover costs and make it worth your while and you aren&#39;t getting any sales then maybe you could take a different approach to your work to make your products irresistible to your customers? Maybe find that one signature &quot;thing&quot; that you do to your canvases that sets you apart from the competition? Just a thought, I hope your venture works out for you.<br /><br />Angela - Thank you for sharing on your page &lt;3<br /><br />Nicola - Thank you x<br /><br />Bridiejo - I&#39;ve seen those pages as well, products bought straight from the China wholesale websites with prices that simply cannot be beaten by the handmade community. I believe if we continue to create unique products with our own signature quirks and features then it&#39;ll continue to set us apart from the rest and take us to the next level that our customers will not be able to resist! :)<br /><br />Bec - I&#39;m glad your price rise is working well for you and you&#39;re able to enjoy what you do more... after all if we don&#39;t enjoy it it&#39;s not worth it!<br /><br />Tina - I hope you have found it inspiring to you and your business, and can get your prices up where they should be! Good luck with your new business! (Feel free to tag your page on my FB wall so I can take a peek)<br /><br />Megan - There is a lot more to pricing than we originally think isn&#39;t there! I try to work out my website costs, stationary, packaging, swing tags, business cards and all those extra costs to what they cost me monthly, then divide that cost over the amount of items I expect to sell on average per month. That way you know you&#39;re covering all the other costs, there&#39;s far more to it then just supplies and labour as you have said!<br /><br />Janine xxLittleWildrosehttps://www.blogger.com/profile/10368139353350156442noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-90774459404030217202011-05-28T18:52:06.821-07:002011-05-28T18:52:06.821-07:00Well put.
I constantly struggle with pricing sinc...Well put.<br /><br />I constantly struggle with pricing since my ethos is paying less for a great handmade skincare product.<br /><br />Some of my products cost very little to make, but then add on all of those extras not thought about when producing a bottle of moisturiser: the Product Liability Insurance, web page costs, business registration, trademarking, the sponsoring of local groups with gift baskets, advertising (not a lot, but still counts).<br /><br />Then add on the costs of ingredients (including postage), bottles, labels and electricity &amp; water to make them.<br /><br />Finally, there&#39;s my time - researching, developing formula, making, cleaning up and labelling, photographing, packing and posting, entering data on web page etc.<br /><br />I&#39;ll be having a price rise in July!!Meganhttps://www.blogger.com/profile/08386604986905248334noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-40279985449529934862011-05-28T16:56:43.055-07:002011-05-28T16:56:43.055-07:00Thanks so much. As a very new WAHM making children...Thanks so much. As a very new WAHM making children&#39;s clothing, I struggle with this every single day. Trying to put a price on the love, effort, skill, cost and time that goes into every piece is so hard. My garments should probably double the price... But then self doubt sets in and I think that if I increase my prices, my stuff won&#39;t sell...stuck between a rock and a hard place.<br />Thanks again. Wonderful words <br />Tina @TINK Handmade xxTina(TINK Handmade)https://www.blogger.com/profile/09878720295893860149noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-61515547784490301522011-05-27T19:12:14.865-07:002011-05-27T19:12:14.865-07:00What a fantastic statement! I think your comments ...What a fantastic statement! I think your comments about meeting the market rather than undercutting it is bang on! It&#39;s so important to respect our fellow handmade businesses handmade is a very unique industry to be in and I think we should all stick together to have a stronger voice.<br /><br />I recently put my prices up and I am enjoying the creation process much more now that I don&#39;t feel as pressured to create quanitiy! Everything is to a much higher quality!Bechttps://www.blogger.com/profile/15007778935249392679noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-76954239793396555652011-05-27T17:07:38.551-07:002011-05-27T17:07:38.551-07:00I really loved reading this! I remember when I sta...I really loved reading this! I remember when I started out I was making dress sets for literally nothing...so I was giving them away and many times I was out of money in the process! Finally I feel I am at a point where I can charge the prices that reflect my hard work, time and originality. I am also concerned about the flood of cheap chinese products that are flooding FB pages...clothes, dolls etc and it saddens me that women are being exploited in these countries and I don&#39;t think FB buyers and aware of what they are buying or the circumstances that they were made in.Bridiejohttps://www.blogger.com/profile/01908901417299136062noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-19472436614781083162011-05-27T16:56:25.226-07:002011-05-27T16:56:25.226-07:00Beautifully said !!Beautifully said !!nicolathomasartisthttp://enochandplonk.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-7887035962768720112011-05-27T16:41:43.488-07:002011-05-27T16:41:43.488-07:00SO SO well said ... worth sharing!!! Good on you ...SO SO well said ... worth sharing!!! Good on you for taking this conversation public!Angela ~ Yes, Dear!https://www.blogger.com/profile/04153300080084578298noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-63329175784653916592011-05-27T07:57:39.209-07:002011-05-27T07:57:39.209-07:00Love this post I always get scared asking for what...Love this post I always get scared asking for what i want and end up with a tiny profit but think well since i seem to hardly sell anything atleast its something but slaving away all hours of the night being totally exhausted and not able to cope with my 2 kids is not worth it especially when your items are lovely as told by my 1000 plus fb likers but not getting any real buyers who follow through with actual purchases! I wish people attitudes would change i frequently battle the opinons of my mother&#39;s group and school mums who are all about the brands and happily pay in retail shops but expect a bargain from a handmade item which takes hours of time and love and costs alot more than something they fork out $$$ and it comes from china! Off to read the Ohmyhandmade info need a better game plan or i think my mummy venture will not survive the year! (Little Pearl Designs) xx SkyeSkyehttps://www.blogger.com/profile/17402089893145682776noreply@blogger.comtag:blogger.com,1999:blog-906417439919577604.post-61398640697034477972011-05-27T07:20:18.678-07:002011-05-27T07:20:18.678-07:00:) this is as I am sure the lady who led me here w...:) this is as I am sure the lady who led me here will agree something I think/discuss regularly...it is really frustrating when people underprice,undersell and undervalue (tho sometimes even the best can be guilty of that) their work...mainly for those who do try and position their pieces/art at what it is truly worth :)Georgiehttps://www.blogger.com/profile/06160545068764380232noreply@blogger.com